Casino player Genting Malaysia Bhd and number forecast operators (NFOs), namely Berjaya Sports Toto Bhd (BToto) and Magnum Bhd were touted as recovery plays following the potential dispensation of Covid-19 vaccines. However, the latest two-week travel restriction starting tomorrow may see lower NFO sales and reduced visitors to Genting Resorts.
PETALING JAYA: Just as the dice was turning in favour of gaming stocks, the latest movement control order (MCO), albeit less stringent as the one imposed on March 18 last year, would see a delay in companies’ earnings recovery.
Casino player Genting Malaysia Bhd
and number forecast operators (NFOs), namely Berjaya Sports Toto Bhd (BToto) and Magnum Bhd were touted as recovery plays following the potential dispensation of Covid-19 vaccines.
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